Meet new revenue recognition standards with ease.
Workday Revenue Management covers the complete contract-to-cash lifecycle, giving you flexible ways to automatically manage contracts, billing, and accounting all from a single system. Plus, built-in support for ASC 605, ASC 606, and IFRS 15 enables smooth migration and dual reporting.
Distinguish billing from revenue recognition and drill down to their respective drivers.
Get 360-degree view of deferred revenue through prebuilt, configurable reports.
See the breakdown of different revenue categories and understand how that impacts your topline.